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Q. What is Percentage of Sales Method?
Percentage of Sales Method: - Under this process certain key ratios based on past year's information are established. These ratios is able to be ratio of sales to semi-finished goods stock, ratio of sales to raw material stock, ratio of sales to debtors, ratio of sales to finished goods stock, ratio of sales to cash balance etc. Subsequent to this sales for the next year will be estimated and the necessity of working capital will be determined on the basis of these ratios.
Develop and implement strategic plan using bounce fitness as case study
Describe the difference between a parallel loan and a back-to-back loan. Answer: A parallel loan contains four parties. One MNC (multinational company) borrows and re-lends to
The Chinese Pension Fund System Mainland China has a rapidly aging population. This is attributable to two main factors - the one-child policy plus substantial improvements in l
What are the Internal audits Internal audit is seen as independent from management who are devising and implementing internal controls and must be able to provide advice on in
Q. Show Gross Vs net working capital? The distinction between the gross working capital or the net working capital does not in any way undermine the relevance of the concepts o
Illustrate about the Financial Management Individual businesses face problems dealing with acquisition of funds to carry on their activities and with determination ofoptimum
Q. What is Deposit Method? Deposit Method - Related to sales of real estate, under this method seller doesn't recognize any profits, doesn't record a note RECEIVABLE and contin
While poverty reduction has become the main goal of development efforts, there is an on-going and sometimes heated debate about the elements that would be at the center of any sens
Q. Evaluate Cost of Preference Share Capital? Cost of Preference Share Capital: - A fixed rate of dividend is to be paid on preference shares. However unlike debt the dividend
Benjamin Tang currently has holdings in the following three companies: E(R) σ
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